T Stamp Inc. Files Amended Q3 2024 10-Q
Ticker: IDAI · Form: 10-Q/A · Filed: Nov 21, 2024 · CIK: 1718939
Sentiment: neutral
Topics: amendment, 10-Q, financials
TL;DR
T Stamp amended its Q3 10-Q. Get the latest numbers.
AI Summary
T Stamp Inc. filed an amended 10-Q for the period ending September 30, 2024, on November 21, 2024. The filing provides updated financial information for the third quarter and the first nine months of the year. Key financial data and disclosures relevant to investors are included in this amendment.
Why It Matters
This amended filing ensures investors have the most accurate and up-to-date financial information for T Stamp Inc. for the third quarter of 2024, which is crucial for investment decisions.
Risk Assessment
Risk Level: low — This filing is an amendment to a previous report, indicating a correction or update rather than new negative information.
Key Players & Entities
- T Stamp Inc. (company) — Filer of the 10-Q/A
- 20240930 (date) — Period of report for the 10-Q/A
- 20241121 (date) — Filing date of the 10-Q/A
FAQ
What is the purpose of this 10-Q/A filing?
This filing is an amendment to T Stamp Inc.'s previously filed 10-Q for the period ended September 30, 2024, to provide updated information.
What period does this amended 10-Q cover?
This amended 10-Q covers the period ending September 30, 2024.
When was this amended 10-Q filed?
This amended 10-Q was filed on November 21, 2024.
What is T Stamp Inc.'s Central Index Key (CIK)?
T Stamp Inc.'s Central Index Key is 0001718939.
What is T Stamp Inc.'s Standard Industrial Classification (SIC) code?
T Stamp Inc.'s SIC code is 7372, which falls under SERVICES-PREPACKAGED SOFTWARE.
Filing Stats: 4,721 words · 19 min read · ~16 pages · Grade level 19 · Accepted 2024-11-21 16:47:51
Key Financial Figures
- $0.01 — which registered Class A Common Stock, $0.01 par value per share IDAI The NASDAQ Sto
Filing Documents
- idai-20240930.htm (10-Q/A) — 1198KB
- idai-20240930xex31110qa.htm (EX-31.1) — 8KB
- idai-20240930xex31210qa.htm (EX-31.2) — 8KB
- idai-20240930xex32110qa.htm (EX-32.1) — 5KB
- 0001718939-24-000210.txt ( ) — 7738KB
- idai-20240930.xsd (EX-101.SCH) — 77KB
- idai-20240930_cal.xml (EX-101.CAL) — 100KB
- idai-20240930_def.xml (EX-101.DEF) — 260KB
- idai-20240930_lab.xml (EX-101.LAB) — 704KB
- idai-20240930_pre.xml (EX-101.PRE) — 482KB
- idai-20240930_htm.xml (XML) — 1039KB
Financial Statements
Financial Statements 3 Condensed Consolidated Balance Sheets as of September 30, 2024 (Unaudited) and December 31, 2023 3 Condensed Consolidated Statements of Operations for the three and nine months ended September 30, 2024 and 2023 (Unaudited) 4 Condensed Consolidated Statements of Comprehensive Loss for the three and nine months ended September 30, 2024 and 2023 (Unaudited) 5 Condensed Consolidated Statements of Stockholders' Equity for the three and nine months ended September 30, 2024 and 2023 (Unaudited) 6 Condensed Consolidated Statements of Cash Flows for the nine months ended September 30, 2024 and 2023 (Unaudited) 8 Notes to Condensed Consolidated Financial Statements (Unaudited) 10 PART II OTHER INFORMATION Item 6. Exhibits 29
Signatures
Signatures 32 2 Table of Contents
FINANCIAL INFORMATION
PART I. FINANCIAL INFORMATION
Condensed Consolidated Financial Statements
Item 1. Condensed Consolidated Financial Statements. T STAMP INC. CONDENSED CONSOLIDATED BALANCE SHEETS September 30, 2024 December 31, 2023 (unaudited) ASSETS Current Assets: Cash and cash equivalents $ 598,031 $ 3,140,747 Accounts receivable, net (includes unbilled receivables of $ 4,463 and $ 143,219 as of September 30, 2024 and December 31, 2023, respectively) 375,732 686,327 Related party receivables 23,781 44,087 Prepaid expenses and other current assets 1,213,924 826,781 Total Current Assets 2,211,468 4,697,942 Capitalized internal-use software, net 1,532,357 1,472,374 Goodwill 1,248,664 1,248,664 Intangible assets, net 193,304 223,690 Property and equipment, net 39,825 56,436 Operating lease right-of-use assets 198,634 164,740 Investment 5,100,000 — Other assets 35,375 29,468 Total Assets $ 10,559,627 $ 7,893,314 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable $ 1,107,276 $ 1,232,118 Related party payables 48,235 82,101 Accrued expenses 1,670,260 1,143,890 Deferred revenue 95,750 10,800 Income tax payable — 1,975 Loans payable 645,536 — Short-term operating lease liabilities 95,367 81,236 Short-term financial liabilities — 162,130 Total Current Liabilities 3,662,424 2,714,250 Warrant liabilities 250,694 256,536 Notes payable, including accrued interest of $ 45,383 and $ 40,317 , as of September 30, 2024 and December 31, 2023, respectively 1,007,213 953,877 Long-term operating lease liabilities 70,555 53,771 Total Liabilities 4,990,886 3,978,434 Commitments, Note 11 Stockholders' Equity: Common stock $ 0.01 par value, 50,000,000 shares authorized, 18,819,750 and 9,198,089 shares issued, and 18,819,750 and 9,143,355 outstanding at September 30, 2024 and December 31, 2023, respectively 188,198 91,434 Treasury stock, at cost: 0 and 54,734 shares held as of September 30, 2024 and December 31, 2023, respectively — — Additional paid-in capital 60,579,359 54,375,622 Accumulated other compre